
Santa Monica, California 90405
This Architectural Single Family Residence is a Strong Value Opportunity, listed at $5,995,000—positioned well below the $6,285,340 Fair Market Value by 4%. This valuation gap offers $290,340 in Instant Equity. Featuring a Good Condition Rating, the home boasts a lap pool, spa, and panoramic ocean views. Its versatile layout, including a detached guest house, provides exceptional flexibility. This is an ideal acquisition for discerning luxury buyers or owner-occupants seeking a contemporary coastal sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2502 7th Street Subject | $5,995,000* List Price | 5 | 5 | 4,815 | $1,305 | - |
A 2402 11th Street Active | $4,299,000 List Price | 5 | 5 | 3,562 | $1,207 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006, this 20-year-old architectural home is in well-maintained, move-in ready condition. The kitchen features high-quality wood cabinetry and stone counters, and the overall structure shows premium craftsmanship and modern systems consistent with the 10-20 year age bracket for the 'Good' rating.
Designed by award-winning architect Jesse Bornstein and featured in Dwell and the LA Times, this home offers exceptional contemporary design and high-end material craftsmanship.
Situated on one of the highest hillsides in Ocean Park, the property features expansive roof decks providing unobstructed views of the Pacific Ocean, city lights, and mountains.
The layout includes a detached guest house and a private primary suite level, offering excellent flexibility for a creative studio, staff quarters, or multi-generational living.
The multi-level architectural design, while visually striking, may be a drawback for buyers seeking a more traditional or accessible floor plan without significant stair usage.
With a 4,655 sqft home, pool, and guest house on an 8,009 sqft lot, the outdoor space may feel somewhat constrained for buyers prioritizing large yard areas.
The Panorama House. Perched atop one of the highest hillsides in Ocean Park, this architectural work by award winning architect Jesse Bornstein is a study in form, material, and horizon. A gated entry introduces the residence, while a lap pool, spa, spacious backyard, and koi pond blend seamlessly with the landscape. The primary suite, occupying its own level, functions as a private retreat with an adjoining office. A separate wing houses two secondary bedrooms and a media room, balancing privacy with connection. A detached guest house extends this sense of flexibility, serving as visitor quarters, staff residence, or creative studio. Above it all, the roof decks frame panoramic views of the ocean, city, and mountains. The interiors reveal a palette of wood, metal, stone, and glass -- their craftsmanship expressed in precise detailing and tactile richness. Additional features include a two-car garage and gated parking for two cars. As featured in Dwell and the LA Times, Panorama House embodies the clarity and ambition of contemporary coastal architecture. Its setting is equally compelling: just a half-mile walk from Main Street and the beach, with a brand-new K8 school nearing completion down the street, further anchoring the home in a vibrant, evolving community.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.5 |
| Baths | 5.0 | 3.5 |
| Square foot | 4,815 | 2,285.5 |
| Lot Size | 8,009 | 7,496 |
| Price | $6.00M | $3.70M |
| Price per sq ft | $1.2K | $1.7K |
| Built year | 2006 | 1936 |
| HOA | $0 | $0 |
| Days on market | 16 | 51 |
Jul 6, 2026
$5,995,000
Initial Listing
Jul 2, 2010
$2,725,000
Public Record
Apr 30, 2004
$915,000
Public Record